Phoenix New Media (NYSE:FENG) Releases Q2 2021 Earnings Guidance

Phoenix New Media (NYSE:FENG) issued an update on its second quarter 2021 earnings guidance on Tuesday morning. The company provided EPS guidance of $- for the period. The company issued revenue guidance of $40.26 million-43.32 million.

NYSE FENG traded up $0.02 on Friday, hitting $1.65. The company’s stock had a trading volume of 11 shares, compared to its average volume of 1,703,743. The company has a market capitalization of $120.11 million, a price-to-earnings ratio of 1.87 and a beta of 2.18. Phoenix New Media has a 1-year low of $1.12 and a 1-year high of $2.83. The stock’s 50-day simple moving average is $1.67. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.44 and a current ratio of 2.44.

Phoenix New Media (NYSE:FENG) last announced its quarterly earnings data on Monday, May 10th. The information services provider reported ($0.06) earnings per share (EPS) for the quarter. Phoenix New Media had a net margin of 35.42% and a return on equity of 21.83%. The business had revenue of $34.51 million during the quarter.

About Phoenix New Media

Phoenix New Media Limited provides content on an integrated Internet platform in the People's Republic of China. The company operates in two segments, Net Advertising Services and Paid Services. It offers content and services through three channels, including PC channel, mobile channel, and telecom operators, as well as transmits content to TV viewers, primarily through Phoenix TV.

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